If you had your eye on a Chanel handbag, buy it now because prices are about to go up!

Experts say the French fashion house has plans to increase their pricing on classic style handbags as much as 20%. The Chanel gurus blame the rising demand and the difficult manufacturing process for the price hike.

Kind of a bad time to be raising prices, especially when the luxury market is slowly showing some improvements.

But now, the younger sister of Louis, Félicité Deakin (pictured above, left, with Louis), has figured out her own way to pay tribute to her mother in a very special manner, and we are SO touched by it.

On Friday, the 16-year-old Deakin shared the following image (below), a gorgeous portrait of the family with her late mother, Johannah Deakin, surrounded by all of her children: